Views in all directions
At almost 3/4 of an acre (2451sqm approx) this beautiful hill top allotment offers views in almost all directions. The views to Eastern View and Lorne are some of the most sought after views on the Surfcoast but they are also complimented by ocean views to the east and a beautiful northern aspect over the Great Otway National Park. This allotment and the adjoining allotments all have large designated building envelopes on them which will provide certainty for any purchaser to ascertain where future dwellings may be located. This is a very affordable opportunity for Fairhaven when you compare it to prices of properties that have been sold nearby. If you go the effort of building, not only will you end up with what you want, you will also add significant value to the property.
The size of Fairhaven is approximately 5.2 square kilometres. It has 2 parks covering nearly 41.2% of total area. The population of Fairhaven in 2011 was 354 people. By 2016 the population was 276 showing a population decline of 22.0% in the area during that time. The predominant age group in Fairhaven is 50-59 years. Households in Fairhaven are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairhaven work in a professional occupation. In 2011, 85.8% of the homes in Fairhaven were owner-occupied compared with 83.5% in 2016.
Fairhaven has 592 properties. Over the last 5 years, Houses in Fairhaven have seen a 56.32% increase in median value, while Units have seen a 177.95% increase. As at 31 October 2024:
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